Elco Laboratories Salary

As of July 2026, the average annual salary for employees at Elco Laboratories in the United States is $94,436. This translates to an approximate hourly wage of $45. Salaries at Elco Laboratories typically range from $83,232 to $106,538 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Elco Laboratories Pay for Different Roles?

Explore detailed salary information for specific jobs at Elco Laboratories. Based on our data, the highest paying job is the President, with an annual salary of $731,019. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Elco Laboratories

Ready for your next career move? Explore current job openings at Elco Laboratories. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Elco Laboratories’s Pay Competitive? Salary Benchmarking Analysis

How does Elco Laboratories's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Southern Champion $94,236
-0.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Vistaserv Corp $86,557
-8.3%
Normalized for lower cost-of-living zones where Vistaserv Corp primarily operates.
North Woods $90,301
-4.4%
Typical compensation structure for smaller regional agencies like North Woods.
E-Mist Innovations Inc $89,827
-4.9%
E-Mist Innovations Inc focuses strategically on recruiting and training entry-level apprentices.
MFG Nondurable Industry $125,011
+32.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Elco Laboratories

Considering a career at Elco Laboratories? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Benefits are standard, and leadership changes occasionally disrupt workflow. a strong sense of camaraderie and mutual support, making it a great place to work. Safe environment, realistic deadlines, and plenty of growth potential. The hours are predictable, and the pay is fair for the work. The company also offers career advancement paths through certifications and internal promotions. This commit...
I wouldn’t recommend it for ambitious professionals, but for someone looking for a reliable paycheck, it does the job. Employees across multiple shifts, coordination could be challenging, but the systems in place make collaboration seamless. Processes are followed but could be modernized. Employees appreciate the company’s focus on quality and continuous improvement. Delivery times are mostly on s...
A reliable and steady workplace all around. They also genuinely care about employee input, often implementing suggestions from the shop floor. Scheduling is predictable, and the pay is competitive with the industry. While leadership communicates important updates, day-to-day interaction is minimal. Good for those who prefer defined routines over constant interaction.

Elco Laboratories Overview

Website
www.elcolabs.com
Founded In
1962
Employees
<25 employees
Industry
MFG Nondurable
Headquarter Address
2450 W Horner Ave University Park Illinois IL 60484
Revenue
$5 Million - $10 Million
Phone Number
+1 7085343000
Social Media
About Elco Laboratories
Elco Laboratories is a custom formulator, contract manufacturer and private label supplier of cleaning products, odor eliminators, vacuum accessories to the world's leading brands and retailers. Elco's extensive manufacturing and packaging capabilities include a long list of product forms, including liquids, creams, aerosols, gels, tablets and vacuum bags, belts and filters.

What Benefits Does Elco Laboratories Offer Beyond Salary?

A competitive compensation package is more than just a salary. Elco Laboratories offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Elco Laboratories?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Elco Laboratories.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Elco Laboratories, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Elco Laboratories salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Elco Laboratories

1. How much does an Elco Laboratories employee make?

Elco Laboratories pays its employees an average of $94,436 per year. The average salary at Elco Laboratories range from $83,232 to $106,538 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Elco Laboratories?

The salary at Elco Laboratories is higher than the similar company. The average annual salary at Elco Laboratories is $94,436, or an hourly wage of $45, in comparison to Southern Champion which pays $94,236 per year or $45 per hour.

3. How much does a President typically earn at Elco Laboratories?

A President at Elco Laboratories typically earns an average annual base salary of around $731,019, with a general range of $560,570 to $919,176.

4. Do employees with advanced degrees (Master's, PhD) earn more at Elco Laboratories?

In many roles at Elco Laboratories, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Chicago affect the perceived value of a Elco Laboratories salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Elco Laboratories based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Elco Laboratories typically offer employees?

Elco Laboratories generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Elco Laboratories" section on this page.